BellRing Brands (NYSE:BRBR) Coverage Initiated by Analysts at Stifel Nicolaus

Stifel Nicolaus initiated coverage on shares of BellRing Brands (NYSE:BRBR) in a research report sent to investors on Monday morning, Briefing.com Automated Import reports. The brokerage issued a buy rating and a $21.00 price objective on the stock.

A number of other equities analysts have also commented on the stock. Morgan Stanley initiated coverage on shares of BellRing Brands in a research report on Monday. They set an overweight rating and a $21.00 target price on the stock. BMO Capital Markets assumed coverage on shares of BellRing Brands in a report on Monday. They set an outperform rating and a $22.00 price objective on the stock. Barclays assumed coverage on shares of BellRing Brands in a report on Monday. They set an overweight rating and a $22.00 price objective on the stock. Goldman Sachs Group assumed coverage on shares of BellRing Brands in a report on Monday. They set a buy rating and a $24.00 price objective on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of BellRing Brands in a report on Monday. They set an overweight rating and a $21.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of Buy and an average price target of $21.36.

Shares of NYSE:BRBR traded up $0.04 during trading on Monday, reaching $19.26. 314,200 shares of the company were exchanged, compared to its average volume of 827,655. BellRing Brands has a 12-month low of $15.15 and a 12-month high of $19.75.

BellRing Brands Company Profile

BellRing Brands, Inc manufactures and sells nutrition products in the United States and internationally. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars and supplements. It offers its products primarily under the Premier Protein, Dymatize, and PowerBar, as well as Joint Juice and Supreme Protein brands.

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Analyst Recommendations for BellRing Brands (NYSE:BRBR)

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